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Target last week said it was bracing to lose half a billion dollars this year because of rising theft. Nordstrom, Whole Foods and some other big chains said they were abandoning San Francisco because of changing economic conditions or employee safety. Many other retailers have blamed crime for closing stores.
Comment: The subject title is totally wrong. In 1975 I was thinking, if taxpayer wages DON’T keep up with inflation, there are going to be poverty problems. Tax absorber wages like Gov’t employees for example, manage to keep up with inflation. But THEY need taxpayer wages to keep up. The people in the gov’t and media simply don’t know why there are so many problems.